Mr. Fujioka has been directed to set up a private nonprofit called HospitalCo to help the south Los Angeles hospital. This comes after the University of California officially partnered up with the county to revive the medical center. The university committed to providing a chief medical officer, doctors and better quality control, while the county heads up funding and financial control.
County officials aim to have the hospital up and running in 2013, according to Mercury News.
Read the Mercury News report on William Fujioka joining Martin Luther King Jr. Medical Center.
Read other Becker’s coverage on the hospital acquisitions:
–L.A. County’s Martin Luther King Jr. Hospital Will Become Private
–Hospital and Health System Transactions
–Acquisitions of Non-Profit Hospitals by For-Profits on the Rise, Drawing Concern
